Tesla on Thursday agreed to promote "core socialist values" with over a dozen Chinese car manufacturers who also vowed to do so, according to The Wall Street Journal.
Tesla on Thursday agreed to promote "core socialist values" with over a dozen Chinese car manufacturers who also vowed to do so, according to The Wall Street Journal.
Tesla is incompatible with socialism. Also this usually just means the government wants the company to tow the party line.
You have to play by China’s rules if you want to do business there as a westerner. Apple does basically whatever the Chinese government asks for — as a result they’re the top selling phone in that country, even beating out Chinese made phones. For a country that’s been so nationalized and isolated that’s a huge deal.
Dengism is authoritarian crap, but at least that part has been consistent.
If you believe you need a massive amount of internal development to achieve socialism, and you believe Marx that the capitalist class cannot help but constantly revolutionize production, then letting corporations in on a leash, using them for development, and then eventually kicking them out is a pretty smart play. You slow down the capitalist world's desire to burn down any country with a red flag AND you get development.
Unfortunately, of course, what this leads to in practice is pushing hundreds of millions of citizens into sweatshops and building an unaccountable class of capitalists and corrupt, self-interested, state-approved union bosses. It leads to suppressing striking workers and college Marxist reading groups. In other words, a type of capitalism just as ruthless as private capitalism, but without even the very limited protections you see in a lot of capitalist republics.
In fact most countries with names starting with "Democratic" or "People's" are not democratic at all..a true democratic country does not need to advertise it in its name.
Same goes for human titles like "Honorable" for instance.
China's version of socialism is pretty much authoritarian capitalism while Musk is keen on promoting capitalist authoritarism. So it's really a match made in heaven...
I wouldn't contrast the two too much."Red Facism" is something more akin to Stalinist Russia or Maoist China. Contemporary China is way more interconnected with capitalism and global trade than those system ever were (or even wanted to be). Today's China is like capitalism on steroids (steroids being the ordinary people that collectively fed to system in order to keep it afloat). So it's not really a historical parallel with what's described in the Wikipedia article.
So all the OEMs in China signed a pledge to maintain ‘normal’ pricing. They’re openly colluding to fix car prices when they were dropping quickly as a result of supply and demand renormalizing.
This headline is very misleading, but it’s Fox News, so what do you expect…. I don’t like Musk, but the article says:
The four-point pledge reportedly involved agreeing not to engage in "abnormal" pricing, to prioritize quality and not use false publicity. The plege promises to "take on the heavy responsibility of maintaining steady growth, strengthening confidence and preventing risk," according to the outlet.
Likely only rules for China. Sounds like a regular business agreement. Nothing overly “socialist” about it.
It's a refer and earn bullshit thing. Increase you national score by referring friends or something akin. Such a socialist program from China and a failing billionaire...